For decades, drastic decisions followed by dramatic trend changes have become the norm for Iran’s economy. With the world’s largest energy reserves in crude oil and gas, 7% of the world’s natural resources and 1% of the world’s population, Iran’s economy represents one of the world's great growth opportunities; yet, it is arguably the world’s greatest under-achiever when it comes to sustainable development.
This viewpoint takes a closer look at the state of Iran’s economy and aims to explain the key causes and the drivers behind this inability to deliver on its potential.